Ciptadana Asset (Indonesia) Probability of Future Stock Price Finishing Over 61.23
| XCID Stock | IDR 61.00 1.00 1.67% |
Ciptadana |
Ciptadana Asset Target Price Odds to finish over 61.23
The tendency of Ciptadana Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over 61.23 or more in 90 days |
| 61.00 | 90 days | 61.23 | about 58.53 |
Based on a normal probability distribution, the odds of Ciptadana Asset to move over 61.23 or more in 90 days from now is about 58.53 (This Ciptadana Asset Management probability density function shows the probability of Ciptadana Stock to fall within a particular range of prices over 90 days) . Probability of Ciptadana Asset Mana price to stay between its current price of 61.00 and 61.23 at the end of the 90-day period is under 4.
Assuming the 90 days trading horizon Ciptadana Asset Management has a beta of -0.58. This entails as returns on the benchmark increase, returns on holding Ciptadana Asset are expected to decrease at a much lower rate. During a bear market, however, Ciptadana Asset Management is likely to outperform the market. Additionally Ciptadana Asset Management has an alpha of 0.0323, implying that it can generate a 0.0323 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Ciptadana Asset Price Density |
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Predictive Modules for Ciptadana Asset
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ciptadana Asset Mana. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ciptadana Asset's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ciptadana Asset Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ciptadana Asset is not an exception. The market had few large corrections towards the Ciptadana Asset's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Ciptadana Asset Management, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ciptadana Asset within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.03 | |
β | Beta against NYSE Composite | -0.58 | |
σ | Overall volatility | 2.32 | |
Ir | Information ratio | 0.01 |
Ciptadana Asset Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Ciptadana Asset for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ciptadana Asset Mana can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ciptadana Asset Mana had very high historical volatility over the last 90 days |
Ciptadana Asset Technical Analysis
Ciptadana Asset's future price can be derived by breaking down and analyzing its technical indicators over time. Ciptadana Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ciptadana Asset Management. In general, you should focus on analyzing Ciptadana Stock price patterns and their correlations with different microeconomic environments and drivers.
Ciptadana Asset Predictive Forecast Models
Ciptadana Asset's time-series forecasting models is one of many Ciptadana Asset's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Ciptadana Asset's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Ciptadana Asset Mana
Checking the ongoing alerts about Ciptadana Asset for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ciptadana Asset Mana help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ciptadana Asset Mana had very high historical volatility over the last 90 days |
Other Information on Investing in Ciptadana Stock
Ciptadana Asset financial ratios help investors to determine whether Ciptadana Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ciptadana with respect to the benefits of owning Ciptadana Asset security.